New Hemp System Allows for Licenses In Time For 2019 Planting Period

The Point out of Michigan Division of Agriculture & Rural Advancement (MDARD)just lately introduced a pilot method for industrial hemp. This new application comes right after President Trump signed the 2018 Federal Farm Bill into legislation which furnished a framework for the states to build and regulate hemp industries. Michigan’s hemp pilot application is great news for those who were being hoping to be ready to plant a crop this spring. The pilot system will have two diverse licenses available. A person license will be needed for those people who decide on to plant, propagate, increase cultivate or harvest hemp, the other license will be necessary to course of action,manage, broker or market hemp.

If you are interested in getting either license, it is critical that you get started by browsing the MDARD web site . There you will see a checklist of dates (4/23, four/24, four/29, 4/thirty) where MDARD is presenting a sequence of on-website licensing functions on the campus of Michigan Condition College. Prior to attending the party, fascinated members will have to have to contact MDARD purchaser company at 1-800-292-3939 and reserve a location. It is also expected that applicants have the suitable applications (Hemp Grower Application, Hemp Processor Handler Software) loaded out right before attending the party. MDARD has also presented application checklists (Hemp Grower Checklist, Hemp Processor Handler Checklist) for applicants to ensure they are thoroughly organized for the licensing situations. You will see each of the purposes calls for a Federal identification range. If you are implementing as an unique your social security amount will do the job, but if you are implementing as an entity this kind of as a company, LLC or LLP, you will want to have lawfully created your entity and been issued an EIN (Federal Employer Identification Range) . If you are doubtful how to make your enterprise entity or are doubtful which entity is most effective for you, we propose contacting our business office (517-512-8364) and scheduling a session to discuss the possibilities out there to you.

MOST POPULAR

By: Chris Ward You’re no doubt aware of the whirlwind of changes regarding marijuana legalization, which have swept the country in the last few years. These new laws make marijuana use for both medicinal and recreational purposes (depending on the state you live in) legal and easily accessible for the first time. Though this is…

It has been all the rage lately for blockchain startups to do a token airdrop instead of an initial coin offering (ICO). Now that the SEC has made clear that ICOs are securities offerings, everyone is trying to find a workaround. Why? Because crypto has democratized investment opportunity. The notion that ground floor investment opportunities should…

NEWS and POSSIBLY IMPORTANT STUFF THE HEMP INDUSTRY IS LITERALLY GROWING – Komorn Law is focused on cannabis and hemp industry services both in the legal arena and the investment groups. Join the growing Michigan Hemp Industries membership and be informed with local meetings and conventions. THE HEMP INDUSTRY IS LITERALLY GROWING – Call Komorn…

On May 6, 2019, the Illinois Cannabis Regulation and Tax Act was filed in the Illinois state Senate as an amendment to Senate Bill 7. The Act is 523 pages long and proposes to legalize adult-use cannabis in Illinois by January 1, 2020 with licensure of adult-use cannabis businesses starting May 2020. The Act proposes…